Main market movers today - Danske Bank

Haresh Menghani FXStreet

Christin Tuxen, Chief Analyst at Danske Bank, highlights the key market moving events/releases scheduled this Friday.

Key quotes:

• The global data calendar is somewhat thin, albeit with eurozone current account data and the US University of Michigan survey on the agenda.

• In the UK, we are due to get the retail sales number for December, which has historically moved GBP in the case of surprises, although it is a poor indicator for actual private consumption growth.

• Markets will also monitor developments regarding a potential US government shutdown today, as Senate Republicans are now struggling to come up with a bill to keep the government open past the funding deadline today at midnight.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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